Group 1 - The yield on Germany's 10-year government bonds increased by 4.3 basis points, reaching 2.876%, with a notable jump to 2.660% at the opening [1] - The 2-year German bond yield rose by 3.5 basis points, reported at 1.872%, trading within the range of 1.848%-1.882% during the day [1] - The 30-year German bond yield increased by 5.4 basis points, marking a cumulative rise of 9.5 basis points over three consecutive trading days, now at 3.172% [1] Group 2 - The 2/10 year German bond yield spread increased by 0.898 basis points, now at +81.271 basis points [1]

Core Viewpoint - The German bond market experienced a decline in yields across various maturities, indicating a shift in investor sentiment and potential market adjustments [1] Group 1: Yield Movements - The yield on the 10-year German government bond fell by 3.9 basis points, reaching a daily low of 2.496% [1] - The 2-year German bond yield decreased by 2.6 basis points, settling at 1.842%, with intraday trading between 1.876% and 1.842% [1] - The 30-year German bond yield dropped by 4.2 basis points, hitting a daily low of 2.943% [1] Group 2: Yield Spread - The spread between the 2-year and 10-year German bond yields narrowed by 0.999 basis points, reported at +65.230 basis points [1]

欧元区市场方面，当地时间6月16日，10年期法债收益率跌1.9BP报3.232%，10年期德债收益率跌0.9BP 报2.522%，10年期意债收益率跌3BPs报3.452%，10年期西债收益率跌1.5BP报3.139%，10年期英债收益 率跌1.7BP报4.531%。 银行间主要利率债多数回落，10年期国开债"25国开10"收益率下行1BP至1.7055%，10年期国债"25附息 国债11"收益率下行0.25BP至1.6375%，3年期国债"25附息国债05"收益率下行3BPs至1.3775%。 中证转债指数收盘上涨0.07%，报435.22点，成交金额635.08亿元。北陆转债、惠城转债、天源转债、 财通转债、豪美转债涨幅居前，分别涨12.75%、7.88%、5.79%、4.65%、3.90%。精达转债、金陵转 债、志特转债、东时转债、金丹转债跌幅居前，分别跌7.29%、7.09%、6.94%、6.76%、4.83%。 【海外债市】 北美市场方面，当地时间6月16日，美债收益率集体上涨，2年期美债收益率涨1.89BP报3.964%，3年期 美债收益率涨2.52BPs报3.925%，5年期美债收益率涨2.63 ...

Core Viewpoint - The decline in German government bond yields indicates a cooling of inflation concerns among investors following fluctuations in international oil prices amid recent conflicts between Israel and Iran [1] Group 1: Bond Market Performance - The yield on 10-year German government bonds fell by 0.8 basis points to 2.527%, trading within a range of 2.589% to 2.516% during the day [1] - The 2-year German bond yield decreased by 1.5 basis points to 1.841%, with a trading range of 1.890% to 1.837% [1] - The 30-year German bond yield saw a minor decline of 0.1 basis points, settling at 2.986% [1] Group 2: Yield Spread Analysis - The yield spread between 2-year and 10-year German bonds increased by 0.631 basis points, reaching +68.172 basis points [1]